House Positions
posted on
Apr 07, 2014 10:18PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.175 down .005
House Positions for C:FO from 20140407 to 20140407 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
50,000 |
8,749 |
0.175 |
0 |
|
50,000 |
-8,749 |
||
25,500 |
4,462 |
0.175 |
10,000 |
1,750 |
0.175 |
15,500 |
-2,712 |
|
6,900 |
1,209 |
0.175 |
7,400 |
1,295 |
0.175 |
-500 |
86 |
|
0 |
|
500 |
87 |
0.174 |
-500 |
87 |
||
0 |
|
1,000 |
175 |
0.175 |
-1,000 |
175 |
||
575 |
100 |
0.174 |
1,685 |
303 |
0.18 |
-1,110 |
203 |
|
6,250 |
1,125 |
0.18 |
8,175 |
1,460 |
0.179 |
-1,925 |
335 |
|
0 |
|
5,000 |
875 |
0.175 |
-5,000 |
875 |
||
11,535 |
2,022 |
0.175 |
21,000 |
3,675 |
0.175 |
-9,465 |
1,653 |
|
10,000 |
1,750 |
0.175 |
56,000 |
9,797 |
0.175 |
-46,000 |
8,047 |
|
TOTAL |
110,760 |
19,417 |
0.175 |
110,760 |
19,417 |
0.175 |
0 |
0 |
.
Follow the long-term strategy.
Rule to long-term investing:
When you find a value stock put it in your portfolio and hold; like Burlingame, like Soliter, like Sweetpea, like Persistency.....
When big players are set to acquire a big position in a company, they always employ agents to accumulate the shares on the open market, then months later a transaction will occur between the parties for a healthy profit for the agents. On the other hand the buyer saves a lot of money for not buying it on the open markets.
This is how Burlingame acquired 105,835,269 shares in 2008 and 2009.
Apparently the backroom-boys thinking of doing the same thing.